![Relief to Harry Potter Publisher: ITAT Remits Transfer Pricing and Corporate Tax matter to verify Confirmations and Explanations [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-ITAT-Delhi-Corporate-Tax-matter-Transfer-Pricing-and-Corporate-Tax-Transfer-Pricing-taxscan.jpg "Relief to Harry Potter Publisher: ITAT Remits Transfer Pricing and Corporate Tax matter to verify Confirmations and Explanations [Read Order]")
Relief to Harry Potter Publisher: ITAT Remits Transfer Pricing and Corporate Tax matter to verify Confirmations and Explanations [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal ( ITAT ) recently remitted a matter regarding discrepancies in transfer pricing and corporate...
![Additional Income declared in Survey considered as Business Income not Charged u/s 68, 69A: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-Business-Income-Additional-Income-taxscan.jpg "Additional Income declared in Survey considered as Business Income not Charged u/s 68, 69A: ITAT [Read Order]")
![ITAT Rules Reassessment Invalid for Non-Application of Mind in Approval Process u/s 151 [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-Delhi-Approval-Process-Jurisdictional-Authority-Due-Application-of-Mind-Mechanistic-Approval-Legal-Precedent-Reopening-of-Assessment-Failure-to-Apply-Mind-Taxpayer-Rights-taxscan.jpg "ITAT Rules Reassessment Invalid for Non-Application of Mind in Approval Process u/s 151 [Read Order]")
![Unexplained ₹49.50 Lakh Cash Deposit: ITAT Sends Case back to AO for Verification [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-ITAT-Bangalore-Income-Tax-Appellate-Tribunal-Unexplained-Cash-Deposit-Taxscan.jpg "Unexplained ₹49.50 Lakh Cash Deposit: ITAT Sends Case back to AO for Verification [Read Order]")
![Eligibility for Deduction u/s 80P(2)(d) for Interest Income from Co-operative Banks: ITAT Remands Case to AO [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-ITAT-Bangalore-Income-Tax-Appellate-Tribunal-Section-80P2d-of-Income-Tax-Act-Taxscan.jpg "Eligibility for Deduction u/s 80P(2)(d) for Interest Income from Co-operative Banks: ITAT Remands Case to AO [Read Order]")
ITAT Dismisses Revenue's Appeal on Cash Deposits and Cessation of Liabilities Due to Low Tax Effect [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal ( ITAT ) dismissed the Revenue's appeal concerning cash deposits and cessation of liabilities for the Assessment Year 2017-18, citing a low tax...
![ITAT Dismisses Revenues Appeal on Cash Deposits and Cessation of Liabilities Due to Low Tax Effect [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-ITAT-Delhi-Low-Tax-Effect-Liabilities-Due-Cash-Deposits-Taxscan.jpg "ITAT Dismisses Revenues Appeal on Cash Deposits and Cessation of Liabilities Due to Low Tax Effect [Read Order]")
Rs. 42.72 Lacs Addition for Cash Deposits during Demonetization: ITAT Remands Case to AO [Read Order]
The Chennai Bench of Income Tax Appellate Tribunal ( ITAT )Â remanded the matter to the Assessing Officer (AO) for review, following an appeal against the confirmation of a Rs. 42.72 lakh addition...
![Rs. 42.72 Lacs Addition for Cash Deposits during Demonetization: ITAT Remands Case to AO [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-ITAT-Chennai-Income-Tax-Appellate-Tribunal-Cash-Deposits-Cash-Deposits-During-Demonetization-taxscan-1.jpg "Rs. 42.72 Lacs Addition for Cash Deposits during Demonetization: ITAT Remands Case to AO [Read Order]")
If Share Application Money is received from identifiable investors, Onus shifts to Income Tax Dept to Disprove: ITAT Deletes Rs. 5 Crore Addition [Read Order]
The Chennai Bench of the Income Tax Appellate Tribunal ( ITAT ) deleted an addition of Rs. 5 crore under Section 68 of the Income Tax Act, 1961, ruling that when share application money is received...
![If Share Application Money is received from identifiable investors, Onus shifts to Income Tax Dept to Disprove: ITAT Deletes Rs. 5 Crore Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Share-Application-Money-ITAT-identifiable-investors-taxscan.jpg "If Share Application Money is received from identifiable investors, Onus shifts to Income Tax Dept to Disprove: ITAT Deletes Rs. 5 Crore Addition [Read Order]")
Rejection of Trust’s Registration u/s 12AB Due to Insufficient Activities: ITAT Grants Another Opportunity to Present Case [Read Order]
The Bangalore Bench of Income Tax Appellate Tribunal(ITAT) granted another opportunity to the assessee to present its case before the Commissioner of Income Tax(Exemption)[CIT(E)] after its...
![Rejection of Trust’s Registration u/s 12AB Due to Insufficient Activities: ITAT Grants Another Opportunity to Present Case [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Rejection-of-Trusts-Registration-Insufficient-Activities-ITAT-ITAT-NEWS-Income-tax-income-tax-news-ITAT-Bangalore-Income-Tax-Act-Section-12AB-of-the-Income-Tax-Act-Assessing-Officer-Taxscan-1.jpg "Rejection of Trust’s Registration u/s 12AB Due to Insufficient Activities: ITAT Grants Another Opportunity to Present Case [Read Order]")
Unexplained Cash Credit Addition of Rs. 1.36 Crore u/s 69A: ITAT Upholds CIT(A) Decision to Delete Addition [Read Order]
The Lucknow Bench of Income Tax Appellate Tribunal(ITAT) upheld the decision of the Commissioner of Income Tax(Appeals)[CIT(A)] to delete an unexplained cash credit addition of ₹1.36 crore under...
![Unexplained Cash Credit Addition of Rs. 1.36 Crore u/s 69A: ITAT Upholds CIT(A) Decision to Delete Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Unexplained-Cash-Credit-Deletion-of-Addition-ITAT-Upholds-Income-Tax-Appellate-Tribunal-Section-69A-taxscan.jpg "Unexplained Cash Credit Addition of Rs. 1.36 Crore u/s 69A: ITAT Upholds CIT(A) Decision to Delete Addition [Read Order]")
Unexplained Income Addition of ₹5.78 Lakh: ITAT Orders AO to Delete Addition Based on Past Savings Explanation [Read Order]
The Lucknow Bench of Income Tax Appellate Tribunal(ITAT) directed the Assessing Officer (AO) to delete the unexplained income addition of ₹5.78 lakh made under Section 69A of Income Tax Act,1961...
![Unexplained Income Addition of ₹5.78 Lakh: ITAT Orders AO to Delete Addition Based on Past Savings Explanation [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Unexplained-Income-ITAT-ITAT-Orders-Assessing-Officer-Section-69A-Income-tax-Income-tax-news-ITAT-news-SBNs-assessment-Lucknow-Bench-of-ITAT-Taxscan.jpg "Unexplained Income Addition of ₹5.78 Lakh: ITAT Orders AO to Delete Addition Based on Past Savings Explanation [Read Order]")
![Failure to File Return and Pay Tax: ITAT Remands Case to CIT(A) [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-Kolkata-ITAT-Remands-Case-Failure-to-Pay-Tax-ITAT-ITAT-Remands-to-CITA-Tax-Case-Income-Tax-Appellate-Tribunal-Remands-Case-taxscan.jpg "Failure to File Return and Pay Tax: ITAT Remands Case to CIT(A) [Read Order]")